Avazu, a China-based digital advertising platform, has raised $48m in a series A round featuring several undisclosed corporate investors.
China-based digital advertising solution provider, Avazu recently announced that it has been successful in securing $48m in series A financing.
Gaorong Capital led the financing round and additional investors included leading domestic and international companies as well as an experienced US-based, internet-focused private equity fund.
Avazu is a global performance-advertising platform for PC and mobile advertising founded in 2009. The company claims to have revolutionised digital advertising models by doing away with traditional cost per metric and cost per click…
